Alice Huang Firm Procured Banned Nvidia Chips in China

A Chinese company founded by Alice Huang, the woman at the center of a controversy dogging Nvidia Corp., procured smuggled AI chips that were installed at a Shanghai data center with links to Megaspeed International Pte, according to documents reviewed by Bloomberg News. Some of the servers were originally sold to Aperia Cloud Services, an official Nvidia Cloud Partner headquartered in Singapore, according to a person familiar with the matter. Parmy Olson has the details. (Source: Bloomberg)